US retailer TigerDirect accepts Bitcoin payments

TigerDirect.com, is significant US retailer of electronics products, announced Thursday it will except payments made in the Bitcoin currency. The move is a small but notable step in the gradual transformation of Bitcoin from an obscure digital currency into a mainstream payment mechanism. Bitcoin has been on a roller coaster ride, with its value surging on technological enthusiasm and speculative investing and crashing when countries like China has thrown cold water on it. Partnerships with mainstream companies -- even ones like TigerDirect.com that are focused on tech-savvy buyers -- helps add some legitimacy and make the coins more useful for commerce rather than just hoarding on the hope that the value will increase. Also this week, two Las Vegas casinos started accepting Bitcoin . Related stories Where Bitcoin boosters are getting it wrong Las Vegas casinos bet on Bitc...